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Factors Influencing the Success of Technology Startups in Vietnam: A research model development

Author

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  • Chuyen Thi NGUYEN

    (School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam Author-2-Name: Ngoc Thi Kim PHAM Author-2-Workplace-Name: School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam Author-3-Name: Dan Thi Thanh NGUYEN Author-3-Workplace-Name: School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

" Objective - The wave of technology startups in Vietnam is growing strongly, significantly contributing to national economic growth. This research aims to develop a comprehensive research model to identify key factors affecting the success of technology startups in Vietnam. Methodology/Technique - This study employs a quantitative research method, utilizing desk research and an in-depth review of the foundation and current research on technology start-ups and related topics. Finding - Based on indepth literature analysis, research identifies ten (10) key factors influencing on the succes of technology start up including: 1) Technology monitoring, (2) Knowledge absorption capacity, (3) Perceived performance, (4) Customer satisfaction level, (5) Stage-based funding, (6) Innovation ecosystem, (7) Innovation and entrepreneurial culture, (8) Government support, (9) Network size and quality, and (10) Founding team capabilities Novelty - The novelty of this study lies in constructing a comprehensive model that integrates endogenous and exogenous factors within Vietnam's specific context, serving as a foundation for future empirical research and appropriate policy recommendations Type of Paper - Empirical"

Suggested Citation

  • Chuyen Thi NGUYEN, 2025. "Factors Influencing the Success of Technology Startups in Vietnam: A research model development," GATR Journals gjbssr664, Global Academy of Training and Research (GATR) Enterprise.
  • Handle: RePEc:gtr:gatrjs:gjbssr664
    DOI: https://doi.org/10.35609/gjbssr.2025.13.2(1)
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    Keywords

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    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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